accumulation. Though‚ despite this shortage of investment‚ these countries have developed a strong urge for industrialization and economic development. As we know the need for Foreign capital arises due to shortage from domestic side and other reasons. Indian economy has experienced the problem of capital in many instances. While planning to start the steel companies under government control‚ due to shortage of resources it has taken the aid of foreign countries. Likewise we have received aid from Russia‚
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Globalization Globalization is happening all around us every day whether it is wanted or not. Some may believe that globalization is a bad thing and should be controlled to some degree. Others say that it is a great thing that is happening in the world and that it should be seen as a move in the positive direction. This essay will discuss whether I think globalization is a good or bad thing. What is globalization‚ what makes it so important‚ and why is it only recently being noticed? Globalization is a
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A PROJECT REPORT ON “Role of FDI & FII in Indian Economic Growth” SUBMITTED TOWARDS PARTIAL FULFILLMENT OF POST GRADUADTE DIPLOMA IN MANGEMENT (Approved by AICTE‚ Govt. of India) (Equivalent to MBA) ACADEMIC SESSION 2008 – 2010 [pic] Under the guidance of : Submitted By: Dr. Tapan Kumar Nayak Gagan (61) Associate professor
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There are many views on whether or not globalization is good or bad. In my essay I will not give a definitive answer. The reason being is there is no one correct answer. What may be good for one country may not be good for another. Globalization faces the problem that it may be a blessing for one company or country‚ and a nightmare for another. I believe that globalization in its essence is a force for good. I believe that it is meant to create more revenues for companies and therefore create
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Current State of the Indian Economy The current scenario of Indian economy has been characterised by optimistic growth and strong macro-economic fundamentals‚ particularly with tangible progress towards fiscal consolidation and a strong balance of payments position. The advance estimates (AE) of Gross Domestic Product (GDP) at factor cost for 2006-07 has been placed at 9.2 per cent. The industrial sector has shown impressive growth in the current year. Year-on-year industrial growth of
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“BALANCE OF PAYMENT AND INDIAN ECONOMY INTRODUCTION BALANCE OF PAYMENT According to Reserve Bank of India‚ the balance of payments of a country is a systematic record of all economic transactions between the residents of a country and the rest of the world. It presents a classified record of all receipts on account of goods exported‚ services rendered and capital received by residents and payments made by them on account of goods imported and services
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Advertising – Good or Bad? This week I continue my series on the economics of advertising. Adding on to the introduction of the informative and persuasive view that I wrote about in my previous article‚ let’s proceed to consider some more specific contributions‚ and advertising’s potential influence on welfare. Have economists been able to come to a sweeping conclusion about the very unusual good ‘advertising’? The answer to the above question is obviously ‘no’. Rarely do economists come to a
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Microeconomics Monopolies Paper Monopolies Good or Bad A monopoly is a single company that owns all or nearly all of the markets for a type of product or service. A monopoly is at the opposite end of the market structure. It is where there is no competition for goods or services and a company can freely charge a price or prevent market competition. Monopolies have three built in assumptions‚ one seller‚ no substitutes or competition‚ and extremely high barriers to entry. Examples of monopolies
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Hernandez‚ Heidy Hernandez 1 Ms. Carbonoara English 3-4‚ Per. 1 7 October 2014 Good and Bad in Everything As one reads a short story titled “By Any Other Name” by Santha Rama Rau‚ readers discover interesting bonds and conflicts about a 5 year old girl named Rau‚ which she experiences bad moments from British people in her childhood. Comparing the British culture and Indian culture. We can clearly see that they both don’t have much in common‚ other than them both have a unique style
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Can war be seen as a Positive Influence? Mihye Chung DP1 History 13.09.2013 The ongoing debate‚ is war good or bad? Usually if we see or hear the word “war” we think about the negative sides first. There is a saying that a forest fire burns everything in its path and it does destroy the forest but out of the ashes comes new life. War is similar to this. Out of destruction comes a new beginning. A country can benefit from war‚ by gaining wealth or freedom‚ increasing in power‚ and advancing
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